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Korea officially assumes presidency of 2025 APEC Finance Ministers’ Meeting
(2024 APEC Finance Ministers’ Meeting, Lima, Peru, October 20-21, 2024)
[The APEC Finance Ministers’ Meeting]
Deputy Prime Minister Choi Sang-mok presented the theme and priorities for the 2025 meeting and emphasized strengthening APEC’s role of incubating policy ideas to address global challenges
(Theme) Promoting sustainable growth and shared prosperity in the region
(Key agenda)
1) Restoring economic dynamism
2) Pursuing prudent and well-designed fiscal policies
3) Enhancing the stability of digital finance
[Bilateral Talks on the sidelines of 2024 APEC Finance Ministers’ Meeting]
- Talks with José Arista, Finance Minister of Peru
The two ministers pledged close cooperation as the outgoing and incoming chairs of APEC. DPM Choi asked him for the Peruvian government’s active support for Korean companies to win overseas contracts in sectors like construction and defense.
- Talks with Paul Chen, Financial Secretary of Hong Kong
The two ministers exchanged views on the global economy and pending issues of mutual concern, including the progress of the Capital Investment Entrant Scheme (CIES), recently introduced by Hong Kong to attract foreign investment.